Namo eWaste Management Ltd IPO

Namo eWaste Management Limited is an E Waste collection, disposal and recycling company that offers comprehensive services for recycling of electrical and electronic equipment (EEE) waste like Air Conditioners, Refrigerator, Laptop, Phones, Washing Machine, Fans etc. We are an ISO 9001:2015, ISO 14001:2015, ISO 27001:2022 & ISO 45001:2018 certified company, complying with strict environmental regulations regarding handling hazardous products and disposing them safely to keep our environment green. The Company is committed towards managing large volume of electrical and electronic equipment waste and able to extract all of the components of an electrical item including precious and semi-precious metals like Copper, Aluminium, Iron etc.

Open Demat Account

50years

Namo eWaste Management Ltd IPO Details

Details

Total Shares OfferedOffer to PublicRetail Max (Shares)Pre Issue Promoters HoldingExchangeIssue size
₹ 60.24 LTBA₹ 20.03 L₹ 157.77 LNSE₹ 51.2 Cr
IPO Open DateClose DateLot SizeMin InvestmentIssue TypeListing Date
04 Sep, 2406 Sep, 241600 ₹ 1,28,000 Book Building - SME11 Sep, 24

Namo eWaste Management Ltd IPO Dates

  • 04 Sep 2024

    Opening date

  • 06 Sep 2024

    Closing date

  • 09 Sep 2024

    Basis of
    Allotment

  • 10 Sep 2024

    Initiation of
    Refunds

  • 10 Sep 2024

    Credit of
    Shares

  • 11 Sep 2024

    Listing date

Details

SectorType
SectorMiscellaneous
Sub SectorNA
Issue TypeBook Building - SME

Subscription Status

*Values are in Lakhs

Investor TypeSubscription TimesShares Offered*Shares Bid*
QIB60.72x2859200173603200
NII394.56x859200339003200
Retail195.54x2003200391699200
Employee0x00
Total150.12x6024000904305600

Subscription Status

Investor Type

QIB

NII

Retail

Employee

Total

*Values are in Lakhs

Namo eWaste Management Ltd Financial Status

Income Statement

Balance Sheet

Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations3.682.762.66
EBITDA4.133.102.92
PAT2.421.811.93
Total Assets15.4419.7312.66
Share Capital4.564.564.00
Total Borrowings3.166.003.16
Operating Activities (Net Cash)2.872.152.19
Investing Activities (Net Cash)-12.42-10.72-4.07
Financing Activities (Net Cash)3.166.003.16
Net Cashflow0.170.260.50

Particulars (in Rs. Crores)

Revenue from operations

EBITDA

PAT

Total Assets

Share Capital

Total Borrowings

Operating Activities (Net Cash)

Investing Activities (Net Cash)

Financing Activities (Net Cash)

Net Cashflow

About Namo eWaste Management Ltd

The Company was originally incorporated as Namo eWaste Management Limited a public limited company under the Companies Act, 1956 at Delhi, pursuant to a certificate of incorporation dated January 13, 2014 issued by the Registrar of Companies, National Capital Territory of Delhi and Haryana. The Company commenced commercial operations pursuant to a Certificate for Commencement of Business dated January 29, 2014 issued by the Registrar of Companies, National Capital Territory of Delhi and Haryana. The Company's Corporate Identity Number is U74140DL2014PLC263441.

E-waste is the fastest growing waste stream in India with 3.2 million tons of e-waste generated a year, third highest after China and USA (According to `Global E-waste Monitor 2020'). Fast growing ICT sector is one of the prominent contributors to this increasing number of e-wastes. Upgradation and faster obsolescence of electronic products make consumers discard their products quickly, which in turn accumulate huge e-waste to the solid waste stream. Another challenge is that major recycling of e-waste is handled by the informal sector. The methods used for recycling are primitive and hazardous. This adds to the problem of climate change and pollution in India. These prevailing challenges make e-waste sector a major focal point for both government and industry.

Namo eWaste Management Limited is an E Waste collection, disposal and recycling company that offers comprehensive services for recycling of electrical and electronic equipment (EEE) waste like Air Conditioners, Refrigerator, Laptop, Phones, Washing Machine, Fans etc. We are an ISO 9001:2015, ISO 14001:2015, ISO 27001:2022 & ISO 45001:2018 certified company, complying with strict environmental regulations regarding handling hazardous products and disposing them safely to keep our environment green. The Company is committed towards managing large volume of electrical and electronic equipment waste and able to extract all of the components of an electrical item including precious and semi-precious metals like Copper, Aluminium, Iron etc.

Peer Comparison:

  • Eco Recycling Ltd
  • Cerebra Integrated Technologies Ltd

Namo eWaste Management Ltd IPO Key Points

Strengths

  • A dedicated service provider for collection, management and recycling of E-waste material through in-house factory unit.
  • Stringent quality control mechanism ensuring standardized product quality.
  • Diversified revenue from multiple geographies.
  • Synergy of young and experienced management team.

Risk

  • The company is an authorised E-waste recyclers to carry on the business of Ewaste collection, disposal and recycling. Failure to renew it in a timely manner may result in fines, legal penalties, or even business shutdown.
  • The company is primarily dependent upon few key suppliers within limited geographical location for collection and recycling of electronic waste, with whom the company has entered into long term purchase agreements which imposes fixed pricing conditions, stipulating that the company must purchase the materials at predetermined prices irrespective of market fluctuations.
  • The company generate its major portion of sales from its operations in certain geographical regions and any adverse developments affecting its operations in these regions could have an adverse impact on its revenue and results of operations.

Strategy

  • Expand its Domestic presence in existing and new markets.
  • Setup of new integrated factory unit through its subsidiary i.e. Techeco Waste Management LLP.
  • Focus on consistently meeting quality standards.
  • Scale up branding and promotional activities.
  • A dedicated service provider for collection, management and recycling of E-waste material through in-house factory unit.
  • Stringent quality control mechanism ensuring standardized product quality.
  • Diversified revenue from multiple geographies.
  • Synergy of young and experienced management team.

How To Apply for Namo eWaste Management Ltd Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

Get your FAQs right

Namo eWaste Management Ltd's IPO offers shares for up to ₹ 0 L It begins on Sep 4, 2024 and ends on Sep 6, 2024.

The price of Namo eWaste Management Ltd IPO ranges between ₹80 to ₹85 per share.

The Namo eWaste Management Ltd IPO opens on Sep 4, 2024 and closes on Sep 6, 2024.

The allotment for the Namo eWaste Management Ltd IPO will be finalised on Sep 9, 2024. The shares will be listed on BSE and NSE on Sep 11, 2024.

The minimum lot size for Namo eWaste Management Ltd IPO is 1600 shares, priced between ₹80 to ₹85 per share.

The GMP (Grey Market Premium) of Namo eWaste Management Ltd IPO fluctuates based on market demand and sentiment.

To check the allotment status of Namo eWaste Management Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

The Namo eWaste Management Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Sep 4, 2024, and closes on Sep 6, 2024. The allotment is finalised on Sep 9, 2024.

To apply for the Namo eWaste Management Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.